Quote from: mcfom on February 05, 2018, 07:37:16 PM

The main purpose of running ICO rounds is to raise money for development and resources and that you also will do though no announcement yet. Then why such huge premine is set apart for devs funds and other things when money should be withdrawn from those funds which will be collected in future ?

To directly address you concern: We do not intend to do an ICO. If there is an ICO, there will not be a pre-mine for the Dev Team.

The consensus among the Dev Team right now is that ICOs have become increasingly associated with speculation and out-right scams. That being said, if we stick with the current "no-ICO" plan (and I see no reason why we would deviate), the total pre-mine for this coin is 5.55%, of which 1.11% is held in long-term escrow for future development. So only 4.44% going to Dev Team compensation.

5.55% is on the very low end for pre-mines.